More Questions on Indian Economy
- Q. Asia’s first Export processing Zone (EPZ) was established in:
A)Cochin
B)Kandla
C)Surat
D)Chennai
Answer: Kandla
- Q. States earn maximum revenue through
A)custom revenue
B)commercial taxes
C)land revenue
D)excise duties on intoxicants
Answer: commercial taxes
- Q. National Rural Health mission was launched in:
A)August 2005
B)April 2005
C)October 2005
D)July 2005
Answer: April 2005
- Q. Finance Commission is constituted after every:
A)5 years
B)3 years
C)6 years
D)4 years
Answer: 5 years
- Q. In the world in terms of Railway Network system India ranks:
A)first
B)fourth
C)second
D)third
Answer: fourth
- Q. Foreign Direct Investment ceiling in the telecom sector have been raised from 74 percent to
A)83 percent
B)80 percent
C)90 percent
D)100 percent
Answer: 100 percent
- Q. Non Tax revenues can be increased by improving the working of the
A)electricity boards
B)commercial irrigation projects
C)State Road Transport Corporations
D)All of the above
Answer: commercial irrigation projects
- Q. The number of finance commissions set up upto now is:
A)14
B)13
C)15
D)16
Answer: 15
- Q. In April 1980 how many banks were nationalized?
A)eight banks
B)five banks
C)six banks
D)nine banks
Answer: six banks
- Q. With the objective of opening the insurance sector for private participation the Insurance Regulatory and Development Authority Act (IRDA) was passed in:
A)the year 1999
B)the year 2005
C)the year 1998
D)the year 1990
Answer: the year 1999
- Q. The main rubber producing state in the country is:
A)Tamil Nadu
B)Kerala
C)Karnataka
D)Hyderabad
Answer: Kerala
- Q. If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to
A)decrease it
B)no impact
C)increase it
D)None of the above
Answer: increase it
- Q. The ARDC is now a branch of the
A)NABARD
B)RBI
C)IDBI
D)SDBI
Answer: NABARD
- Q. Open market operation is a part of:
A)Debit Policy
B)Credit Policy
C)Deposit Policy
D)None of these
Answer: Credit Policy
- Q. Government has merged Annapurna Scheme with:
A)Ujjwala
B)IRDP
C)National Old Age Pension Scheme
D)None of these
Answer: National Old Age Pension Scheme
- Q. Resurgent India bonds were issued in US dollar, Pound Sterling and
A)Deutsche Mark
B)Japanese Yen
C)Euro
D)French Franc
Answer: Deutsche Mark
- Q. In India Yellow revolution is associated with:
A)production of oil seeds.
B)production of flower
C)production of tea
D)production of paddy
Answer: production of oil seeds.
- Q. Excess of Total Expenditure over total Receipts is :
A)Surplus Budget
B)Deficit Budget
C)Balanced Budget
D)None of the above
Answer: Deficit Budget
- Q. Redistribution polices geared to reduce economic inequalities include
A)land reforms
B)rural development policies
C)progressive tax policies
D)All the above
Answer: All the above
- Q. The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of
A)20 to 25 percent
B)15 to 20 percent
C)25 to 30 percent
D)30 to 35 percent
Answer: 20 to 25 percent
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